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Updated over 3 years ago on . Most recent reply

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36
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Brian Dudash
  • San Jose, CA
11
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36
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Thoughts on Ashtabula?

Brian Dudash
  • San Jose, CA
Posted

I grew up and am originally from the area (Lake County, specifically) so I know the region pretty well, however, Ashtabula is not a place I know much about. I'm possibly looking into buying some rentals there.

Does anyone currently have anything there and if so, how has it been working out for you? The only main concern is the future outlook because that city is kind of "out there" and not by too much :) I'm a little worried about it being hard to find decent renters or buyers 10 or 15 years down the road...obviously the city isn't going to disappear but I'm curious to see what others think (or have in that area).

Most Popular Reply

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2,271
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885
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Hai Loc
  • Specialist
  • Toronto, Ontario
885
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2,271
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Hai Loc
  • Specialist
  • Toronto, Ontario
Replied

I was looking at a mobile home park in that area 6 years ago. It was close to the lake and I think a huge park. The reason why I backed out is because the lack of population growth and just nothing out there.

You don't want to be owning something that will sit on the market for months.. If the numbers work out well you can hold it for a long time and be prepared to stomach when you want to sell

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